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Our people > Team

Our experts have a reputation for their knowledge and networks

Our experts have a reputation for their knowledge and networks

Our team

The partnerships we build are powered by our people, who have a solid reputation for:

  • Collaboration: we forge effective, productive and lasting relationships.
  • Knowledge: our industry expertise and access to local and international networks offer unique insights.
  • Transformation: we help businesses become bigger, better and more sustainable.
  • Results: our track record of high performance delivers results for our investors.

Meet the team

Hedi Ait-Moussa

Investment Officer

Hedi Ait-Moussa

Investment Officer

Hedi joined PAI in 2024 as a member of the Investment Group.

He joined from Partners Group in London, where he was an Associate in the European Healthcare Team.

Prior to this, Hedi completed internships at PAI, CVC Capital Partners and Deutsche Bank.

Hedi holds degrees from Paris Dauphine University and ESSEC Business School.

Seva Karpauskaite

Investment Director

Seva Karpauskaite

Investment Director

Seva joined PAI in 2025 as a member of the Investment Group.

She joined PAI from Advent International, where she was an Assistant Director in the Industrials Team. Seva started her career as a consultant at Bain & Company.

Seva holds a Master’s degree in International Relations & Economics from John Hopkins University and a Bachelor’s degree in in Politics, Psychology and Sociology from the University of Cambridge.

Frédéric Stévenin

Managing Partner

Frédéric Stévenin

Managing Partner

Frédéric is a Managing Partner. He also chairs the firm’s Investment Committee.

He first joined the firm in 1993 and spent five years in the then Food & Beverage Team. In 1998, he joined Deutsche Bank / Bankers Trust in the European Acquisition Finance Group as a Director and subsequently as Managing Director. In June 2001, he returned to PAI, where he has been involved in a large number of transactions including Alphia, Atos Medical, B&B Hotels, Cerba Healthcare, Chr. Hansen, Cyrus, DomusVi, Elis, ELITechGroup, Ethypharm, Froneri, Kaufman & Broad, Labeyrie Fine Foods, Marcolin, Panzani-Lustucru, Refresco, Roompot, Provimi, Saeco, United Biscuits and Yoplait.

Frédéric studied at ESCP and started his career with Banque Paribas in the Advisory team of the Private Banking division.

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© PAI 2026 | PAI Partners 2019 | PAI SAS: Registered in France No. 904 479 649, PAI SAS is a fund management company approved and regulated by the AMF in France (approval number GP-20240001). PAI Partners S.à r.l. : Registered in Luxembourg No. B136689. PAI Partners S.à r.l. is a fund management company approved and regulated by the CSSF in Luxembourg (approval number N. A00000625). PAI Partners (UK) Limited: Registered in the United Kingdom No 04015677. PAI Partners (UK) Limited is a financial advisory company approved and regulated by the FCA in the United Kingdom (approval number 984663). PAI and PAI Partners are registered trademarks.

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